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Interesting, Benzinga is reputable, and chose PLUG for stock of the day based on being oversold and at support level. Hoping they are correct and run to $3.50 or about ,50%. If they run 50%, Heck, Plug at $5 would be awesome (over 100%). I find it hard to believe we don't run 10-20% at LEAST or $.72-$.80! Far cry from fair value or what we are looking for, but much closer to $1 and more importantly stops the bleeding. PLUG up 100% should get us 30-40% and maybe $1! Especially since the newfound interest in fuel cells will draw more $ looking at company news and fundamentals.
https://www.benzinga.com/trading-ideas/technicals/24/06/39554679/stock-of-the-day-plug-power-oversold-at-key-support-level-ready-for-an-upswing
Interpretation, Dolger,FCE counsel Converted restricted hares 1/1 into common shares and sold tax amount to cover taxes liability for the cash out of restricted shares. Insider buy!!!
https://u29265312.ct.sendgrid.net/ls/click?upn=u001.AGVir0q-2FyZWbZ5ev3cZBUkEleMvRVzeSDmm68mD8cr1hMjImYLEZ03Nvu-2FCjFWvvCoMd6AOoDYt9hoSS4fkMnDFJOCo0VuYzppgO7VwC50GE24R4ib-2BHjk8OG5G8Q9Hr5k5Vh1emNqudWP0kjZvnptys7KPQPBvftZIK0lLKxVU-3D77pb_FLPzT2gB4L4-2BGAeomRFoIkV8JLL6vIhz-2FCbDV-2BLOv-2FBGaGJCPvB-2Fqu8tNctOSA6PN-2FtQ5LJkQlnqKmjFR-2F5LHrJFpMXjcN82NPEks-2F2dLdrHk6Kb0gpmDfAn770Z9Nt1BAX-2BkKUfhZ-2FWRc5rmkqMgRmO2NXo1YpNR6Mis2EOFPJ6-2BSPsGPPpiCB7T2tzJha8-2FA9-2BcU79UpIAf3D2ezDJ-2FtBRZOC7LzUEdch4UDfJ-2FsDkHiL6iHfgHeyNzdOZIf9Mu8tb37vkx0tZjR0emOJABv4cOMfoRtxuamWUTo5lvi3eIpL-2Bu5TDI-2FCLYIKreNmPpsLlH5K0NyU2ZTkFOzuAooUtAe8r03RFO5XxNU11DXcLHWAAZTSpYniYnOC8eGaw
FuelCell Energy (FCEL) has 5 splits in our FCEL split history database. The first split for FCEL took place on November 17, 1999. This was a 3 for 2 split, meaning for each 2 shares of FCEL owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. FCEL's second split took place on September 14, 2000. This was a 2 for 1 split, meaning for each share of FCEL owned pre-split, the shareholder now owned 2 shares. For example, a 1500 share position pre-split, became a 3000 share position following the split. FCEL's third split took place on June 20, 2001. This was a 2 for 1 split, meaning for each share of FCEL owned pre-split, the shareholder now owned 2 shares. For example, a 3000 share position pre-split, became a 6000 share position following the split. FCEL's 4th split took place on December 04, 2015. This was a 1 for 12 reverse split, meaning for each 12 shares of FCEL owned pre-split, the shareholder now owned 1 share. For example, a 6000 share position pre-split, became a 500 share position following the split. FCEL's 5th split took place on May 09, 2019. This was a 1 for 12 reverse split, meaning for each 12 shares of FCEL owned pre-split, the shareholder now owned 1 share. For example, a 500 share position pre-split, became a 41.6666666666667 share position following the split.
When a company such as FuelCell Energy splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. When a company such as FuelCell Energy conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a
And we are well connected in Canada obviously
Opinion! Reverse split is being tossed around as expected, with bears trying to instill fear and alone bulls expressing fear or at least concern. 3 issues in this discussion. 1) we don't need to spend time or energy focusing on this until at least September Conference call. 2) Obviously, we know the rules and time frame. We also know they can extend past the 6 months if the choose to. 3) Dilution, of course adding shares would create dilution in the form of share count, but it won't necessarily lessen your value. Historically the share price and market cap has declined with RS. But not always, and never with a company having the enormous potential with excellent balance sheet and vastly improving fundamentals. If I have 10,000 shares at $.80 or 1,000 at $8 it's all the same, except more institutions and individuals are more likely to invest in the $8 company. I would prefer to be well over $1 and squash the negative perception of a RS, But an RS in and amongst itself is not negative at all, Just like a stock split is not positive at all in and amongst itself. Andrew Wilde said "Drugs in and amongst themselves are not a bad thing, it's what people do with them that make them bad"! I've done my diligence and invested accordingly and I suggest everyone else do the same. Simplest thing to do would be to go to the company's website and read all of the news since last October. Then you can look through the news for the previous three or four years. The number of and level of positive developments for the company since October is awe impressive. Anyone doing their diligence knows that cannot be nice. The only thing I can think of that the company could do at this point is Insider buying to send a strong message, or possibly a stock buy back!! Unsure of the legalities potentially involved in that, but under $.70! C'mon, get real. Simply the Exxonmobil JDA, Esso Carbon Capture project, $160M contract in S Korea alone should have boosted the Share price over $2 to stay, let alone $1. TICK TOCK!!
For release 6/27/24
$16M funding for tech that creating useful products with Carbon Capture!
https://netl-exchange.energy.gov/FileContent.aspx?FileID=164d80a7-e72b-499e-b737-560381e095eb
Continued growth in use and commercialization of FCE types tech. Not FCE projects, but the move to using the tech grows
💻 💡 #FECM’s Carbon Management Resource Portal is a tool that provides information on the different technology areas that fall under the umbrella term “carbon management” for different knowledge levels, and more! ➡️ https://t.co/CXPt5um6sU pic.twitter.com/aVkDPZzHDM
— DOE Fossil Energy and Carbon Management (@FECMgov) June 25, 2024
Nuada starts cement carbon capture trials with Buzzi https://t.co/WG0fXj07qP
— Carbon Capture Journal (@ccsjournal) June 26, 2024
If you haven't read the transcript, I highly advise!
1) Most importantly for a non profitable company, They have $300+M cash and are continuously managing finances to proactively avoid concerns.
2) Smaller Carbon Capture projects expected before Esso is operational, which should be operational faster than Esso.
3) Expect more business from S. Korea
4) Expect more business with Ameresco
5) Expect more business with Toyota
6) In discussion and optimistic about Data Center applications
7) In discussion and optimistic about food & beverage applications
8) 6 modules delivered to SK in Q4 2024
9) 30 modules delivered to SK in 2025
We find out how much $ per unit in December with Q4 24 earnings. My guess, $18M product revenue
https://www.insidermonkey.com/blog/fuelcell-energy-inc-nasdaqfcel-q2-2024-earnings-call-transcript-1312698/#q-and-a-session
We fit criteria for 45V incentives. It's a matter of companies having clarity on total incentives being final, and understanding total investment. Unfortunately, You know the election is also going to play a part.
https://www.reuters.com/legal/legalindustry/energy-incentives-climate-friendly-hydrogen-fuel-cells-help-transform-2024-06-25/
I take this as a sign ExxonMobil is confident they are now getting the incentives they need.
https://www.airliquide.com/group/press-releases-news/2024-06-24/decarbonization-air-liquide-selected-invest-850-musd-largest-low-carbon-oxygen-production-americas
No reason to even think about getting excited unless we close green 3 days in a row and close over $.80, Then we MIGHT be ready to move. Obviously we can get excited if we close over $1 then close higher the next day.
Yes to my understanding right now even if they built a bigger project, without incentives there's no possibility of anyone else being profitable. And even though we produce electricity creating an extra revenue stream I don't think we would reach profitability without incentives either. Hence why I said they stated such. What's a good thing is carbon capture projects are moving forward. However every time one cost more or does it perform as suggested it doesn't help. Which is why ExxonMobil wanted to do as much research and tweaking as possible. I understand reasons for delays in getting this rolling. 1) Obviously what they wanted to make sure they were confident the technology was going to perform at the cost they were projecting. 2) They wanted to wait until the world appeared ready to move in that direction which seems to be right now. 3) They wanted to get as much financial support via incentives as they could before making a commitment. As we've noticed over the last couple of years if the world is not ready, it doesn't matter that much how good the company's technology is or what they've done to grow & strengthen the company. It seems clearly to be more about demand and policy support. Unfortunately for long-term investors like me, it's taking a whole lot longer than I thought it would or then it should have. They are truly accompany ahead of their time. The benefit of that is that they are the most proven company out there protected by hundreds of patents worldwide. But it's very very well for the company and investors in the near and long term unless there is a drastic change in commitment to hydrogen and carbon capture. The election is obviously relevant. With a blue win I believe we cruise to 20 or $30 relatively quickly. With a red win, We may in fact take a hit, But we are still going to pursue carbon capture and the majority of the globe is committed to making hydrogen a big part of the future. Either way by the end of the next 4 year administration he's current prices will be a joke.
Here's a CC project stating it will be the 1st in US to capture carbon profitably. It's not Fuelcell, but shows another example of how implementation of our technologies (CCUS & Hydrogen production) are growing. There is daily news supporting such.
https://t.co/9MSqJtFnwd
Great Max, I don't see any way that's not just as good if not better than an increase in the tax on hydrogen production. It promotes hiring qualified people to do the work.
Awesome, how do you beat that conclusion? You don't! Extremely confident we get another try generation commitment by end of calendar year.
All within 2 Months, amazing!
FCE in Europe June
https://www.linkedin.com/posts/fuelcell-energy_this-week-fuelcell-energys-chief-technology-activity-7207088362942255105-aUWN?utm_source=share&utm_medium=member_android
FCE in Washington June
https://www.linkedin.com/posts/fuelcell-energy_exim24-activity-7204143494452391937-KtAU?utm_source=share&utm_medium=member_android
FCE in South Korea June
https://www.linkedin.com/posts/fuelcell-energy_fuelcell-energy-to-power-south-korean-homes-activity-7201984817599524866-z8Ev?utm_source=share&utm_medium=member_android
May, FCE US DOE in Long Beach
https://www.linkedin.com/posts/fuelcell-energy_h2iq-activity-7201904685534912512-Ps-I?utm_source=share&utm_medium=member_android
Did I say $160M in S. Korea
https://www.linkedin.com/posts/fuelcell-energy_today-fuelcell-energy-and-gyeonggi-green-activity-7201273909466345472-KQQt?utm_source=share&utm_medium=member_android
As a friend pointed out, near term business expected from Food and beverage industry!
https://events.profoodworld.com/how-to-innovate-past-co2-shortages?ref=pfw-web
May FCE & ExxonMobil
https://corporate.exxonmobil.com/Locations/EU-regional-news/Carbon-capture-technology-field-testing-Rotterdam
FCE in Savannah, GA May
https://www.linkedin.com/posts/fuelcell-energy_we-are-thrilled-to-be-exhibiting-at-biogas-activity-7194312309823930368-ffKN?utm_source=share&utm_medium=member_android
May FCE at Bev Tech in Orlando
https://www.linkedin.com/posts/fuelcell-energy_bevtech2024-activity-7193231934641033216-Mb48?utm_source=share&utm_medium=member_android
May at the Port of Long Beach
https://www.linkedin.com/posts/fuelcell-energy_yes-this-massive-fuel-cell-adjacent-to-activity-7193604019389382656-6w0i?utm_source=share&utm_medium=member_android
Toyota Grand opening
https://www.linkedin.com/posts/fuelcell-energy_today-fuelcell-energy-and-toyota-motor-corporation-activity-7191785729948106753-xVM9?utm_source=share&utm_medium=member_android
FCE at world Hydrogen Summit, Rotterdam
https://www.linkedin.com/posts/fuelcell-energy_soec-worldhydrogensummit2024-activity-7191098612888608769-02l9?utm_source=share&utm_medium=member_android
FCE connecting Hydrogen May
https://www.linkedin.com/posts/hydrogen-mena_cghm2024-greenhydrogen-investment-ugcPost-7189157060624744449-QWTT?utm_source=share&utm_medium=member_android
Dubai
https://www.linkedin.com/posts/fuelcell-energy_s29-activity-7188907043326435328-edB2?utm_source=share&utm_medium=member_android
FCE Canadian Hydrogen Convention
https://www.linkedin.com/posts/fuelcell-energy_chc2024-energytransition-cleanenergytransition-activity-7187185711626768384-iTlb?utm_source=share&utm_medium=member_android
Key time frames: Q3 ends 7/31, Q3 earnings & Call Week of September 9, Select day, November 5. 45V rules will certainly be finalized before the election. Even the previously defined rules were beneficial, but obviously we want a better outcome. But, finalizing rules, gives companies the ability to make decisions based on finality based on their own needs and budget. Biden admin want to get as much $ flowing as possible before the election, so what they can do will be done, not just 45V. Good news, we don't rely on 1 product, 1 company or 1 region. We are global with a diverse advanced technology portfolio working with the likes of Toyota, Drax & TERC, E-on, Exxonmobil, MHB, IBM, Chart Ind, TuNur, KEPCO, CRIN, Navajo Nation and Big Navajo Energy, US DOE, US DOD, California, and several municipalities, Connecticut and several municipalities, colleges institutions hospitals, wastewater treatment plants food and beverage companies, and the list goes on. This is a completely different company than it was just for short years ago when COVID kicked in. While some companies lost business slowed down lost money and even went under, FCE almost flourished. With $300M in cash, We can easily get into fiscal year 25 without having the least worry regarding cash. As those who have been paying close attention have seen, there are managing their CAPEX their cash and their budget on a regular basis to stay ahead of the game. The only thing that could cause a problem is the share price staying below $1 beyond the election, or losing business we've already secured. Either way, bankruptcy is a word thrown around by bears and shorts freely trying to create concern and fear, Just like reverse splits. Although I thought for sure share price would be above $1 after the June conference call (which it rationally should be) No need to worry until after the September call. Buy the fear is a very common intellectual thought process. I bought it 26 cents when there was actually a realistic possibility there could be a bankruptcy. They had minimal cash obviously selling shares wasn't going to help at 26 cents, They had a leader that was doing nothing to be proactive or save money or build the business. Few took over and addressed all of that and then some. Only 1 reason for the SP to decline after earnings! Only one reason for the share price to decline given all of the positive developments since December. Short commitment to destroy the Share price. They need a good old Kitty attack. I am not the type to wish ill on anyone, But I would roll around laughing out loud if the shorts got completely devastated and wiped out by a run like we had from December 2020 to February 2021. As fun as it was for us, I'm sure it was more painful for them. As Kramer said last night, shorting some companies make sense but shorting other companies that are actually doing well or have good fundamentals is nonsense. But if they are committed to it they can make it happen anyway and that's exactly what's happening. Any number of events can change that. Obviously good earnings didn't do it. Anyone have Warren Buffett's phone #. After an 8-hour conference with him I'm certain he would put $1B in!!!!
Perspective, fact based! So let's say FCE was awarded 10% of something like this $850M funding! $85M, that would be awesome, wouldn't it. What if they got 20%, or $170M? They could, and that would be great. And the share price would very likely go up, pretty significantly. Well, dah, wtf. We just got a $160M contract, AFTER getting a $10M a year JDA extension with Exxonmobil through 2026. And we signed a contract for a biomass project in California and another Carbon Capture project with Exxonmobil in addition to the JDA, worth over$11M! That totals over $200M in contracts in less than 6 months! Kramer said tonight, if shorts want to drag a stock down, they will, unless something similar to the meme revolution happens.
https://t.co/Es3a8l2gM7
I can tell you one thing for sure that's changed so far today. Plug is now trading more volume than fuel cell which has not been the case since fuel cell fell under $1.
Take into account volume is already averaging almost five times what it was prior to dipping below $1, And yesterday's average was well above the recent volume average, at 1.4 times the recent average. My interpretation, If it means anything, shorts and manipulators continue trying to push the price lower but buying ensued with prices near what appears to be the current support level around 70 cents. I'm sure all parties are very interested in what transpires today and Monday. I can tell you one thing is for sure, at least in my opinion and through historical facts. When this goes up it's going to run much faster than it does trickling down. We could gain 50% to 100% within 1 to 2 days given the right circumstances. Share price will never decline 50% near term that would take much much longer. B
Take into account volume is already averaging almost five times what it was prior to dipping below $1, And yesterday's average was well above the recent volume average, at 1.4 times the recent average. My interpretation, If it means anything, shorts and manipulators continue trying to push the price lower but buying ensued with prices near what appears to be the current support level around 70 cents. I'm sure all parties are very interested in what transpires today and Monday. I can tell you one thing is for sure, at least in my opinion and through historical facts. When this goes up it's going to run much faster than it does trickling down. We could gain 50% to 100% within 1 to 2 days given the right circumstances. Share price will never decline 50% near term that would take much much longer. B
Just picked up 1,000 shares $.745! What a blessing. I remember vividly pulling the trigger at $.26 for 4,500 shares and the progress the company has made combined with the immense demand for our products globally is worlds apart. I feel very excited about this purchase vs the concern I had in 2018 or 19 about the $.26 purchase. They avoided a RS then and we have well beyond September before worrying about that bantor now. TICK TOCK!
In case people missed it, must read, thanks to Max!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174632929
Thanks Max, good input as always. I didn't see that late stage! Good to know and anxiously awaiting. Also supports my opinion that we will have more contracts this year, likely something by fiscal year end but at least a couple of things by calendar year-end. Unfortunately the manipulation is disgusting to say the least. There's absolutely zero justification fundamentally for the share price to continue declining below $1. Big money involved in that manipulation obviously. And I wish nothing but the worst on them. It has given me an opportunity to buy more shares at a lower price though which I'm doing again today.
Yes, could be any given day or could take a few more months. I think 45v rules finalized whether improved significantly in our favor or not will still be beneficial. Because right now it seems as though everyone is just waiting on them. We should also have a very good Q3 earnings report. We have several new contracts this year that's more than any other typical year. Although I do expect something else before the end of the fiscal year. I believe things will roll in on a regular basis after 45 v is finalized.
I am finally getting a nice commission tomorrow and it seems as though timing couldn't be more perfect. It would be a dream to pick up shares under $0.75 and watch it go to $2 by the September conference call. We need an interpreter on those 45 v rules I posted a little while ago. I believe that's an update effective June 19th. Anyone, I don't have time nor likely the ability or patience to translate. What if there is anything favorable this thing could double in weeks easily.
Everyone does realize this manipulation cannot go on forever and it would stop abruptly plug power was approved for 1.66 billion from the DOE. Because there's no way plug power goes back to $4 without fuel cell going over $1. And no one can tell me Clark would not go up 30% based on getting that money alone! I don't know if there's actually an open investigation or if that lone senator Just put a brief halt on things by requesting an investigation. Let's hope it's something like an unfounded claim. Or, We could always get more favorable 45V rules finalize. The big question is how does somebody get a new contract worth more than a full year's revenue expected to be mostly fulfilled within the next two years and in the stock price go down???
Let me start with a brief Bio, I'm an amateur investor following fuel cell energy for over 20 years. The list of links below a references supporting my opinion but time frames and success I suggest are strictly my opinion and not investing advice. That said I am 100% certain of that opinion. This market manipulation will get trampled at some point. Hopefully 45V rules are favorably updated in the near future.
Off the top of my head in the past 10 minutes! And I'm sure I'm missing something that happened since the beginning of 2022. At least a FEW come to fruition or have progress updates this year, included in those is the most obvious, especially now that we have an IN COUNTRY executive! SK has more than 50MW FCE projects without current contracts needing service. S. Korea is aggressively pushing Fuel cells, more so than most if not all countries. Bank on at least 1/2 those this year.
MHB is definitely progressing, been to a couple of presentations together.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.h2-view.com/story/fuelcell-energy-malaysia-marine-and-heavy-engineering-to-collaborate-on-large-scale-hydrogen-production-in-apac/&ved=2ahUKEwj9sfyPnuqGAxWeCnkGHVIYAn8QFnoECCAQAQ&usg=AOvVaw1N46IsB51z1hXQbsYVbauC
Don't forget IBM, should result in something, if not at least a sale.
https://seekingalpha.com/news/4040718-fuelcell-energy-ibm-to-utilize-ai-to-boost-fuel-cell-performance?utm_source=msn.com&utm_medium=referral&feed_item_type=news&fr=1
TuNur, saw a couple articles about this region pushing Hydrogen production and transport
https://s21.q4cdn.com/256256048/files/doc_news/FuelCell-Energy-to-Collaborate-with-TuNur-Ltd-2022.pdf
Chart Industries
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://investor.fce.com/press-releases/press-release-details/2023/FuelCell-Energy-and-Chart-Industries-to-Collaborate-on-Decarbonization-and-Hydrogen-Technologies/default.aspx&ved=2ahUKEwib1M7anuqGAxWVlokEHceSDn4QFnoECBQQAQ&usg=AOvVaw31YGbt6HdGeREA0ctHPtdD
S. Korea, KEPCO, parent of KOSPO, whom we installed 20MW project 2 months ahead of schedule (10 months) and did module replacements in 2023 with new 7 year cells.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.businesskorea.co.kr/news/articleView.html%3Fidxno%3D95288&ved=2ahUKEwjDpu7nnuqGAxVRk4kEHbR0BnsQFnoECBgQAQ&usg=AOvVaw0a5dmTcbn_4eFoNLqe4wsh
Coming soon to a theater near you, if you're in Canada. Canada is moving swiftly now and we have board members from Canada and a manufacturing facility there
https://carbonherald.com/fuelcell-energy-awarded-6-8-million-for-its-carbon-capture-innovation/
Navajo Nation is pushing forward, also should have news coming. Navajo Nation and Big Navajo Energy could expand with FCE significantly moving forward.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://tribalbusinessnews.com/sections/energy/14463-venture-funding-boosts-big-navajo-energy-s-clean-energy-expansion&ved=2ahUKEwj3yMrgn-qGAxWkhIkEHdRoAn8QFnoECB4QAQ&usg=AOvVaw1NAO3RS_QgCZs7w8j0NE1B
https://www.hydrogenfuelnews.com/anaerobic-digestion-key-value/8565156/
I wonder, are there any companies doing this successfully?
I think they change up a little and will also manipulate on the way up. But there is a major focus on FCE looking at the volume and volatility. They are lowest revenue typically but Ballard isn't far off. No one can do diligence on this company and say, ya, there's no potential, bankruptcy is imminent like Henry did for over a year back in 2019, 2020. It's blatantly obvious with over 300 patents, existing relationships and follow-up contracts or extensions, They have a proven quality product. Heck in Europe, Sheffield University wanted to do more with the fuel cell we gave them and they were looking for a local provider and decided there are no other providers so they had to follow up with fuelcell energy. Now they are working with Drax, same company we previously worked with on a project testing our carbon capture with their biofuel. We have a huge representation in South Korea and it's going to grow to twice that over the next 1 to 2 years. Exxon Mobil is in the process of doing the first commercial installation, which seems to be very likely only the beginning of a massive relationship. But they have several different revenue streams and not one primary partner providing the bulk of the revenue. It's very different than it was through 2016 or 17 and even through 2019 or 20. Massive monies are just now beginning to be distributed for our technologies. Yet there's no perceived value in the share price. That's insane. Completely and utterly.
Obviously a very targeted attack. Fuel cell had 18 million shares traded at 11:00 a.m.. a couple of analysts cuts were posted this morning. Listen to this one, Jeffrey's cut price target to $1.11 from $1.25!!! Really does that make any sense whatsoever to cut the price target 14 cents. We already knew about B Riley, from $2 to $1.50 with hold rating. At least that one makes some sense A 25% price target cut, and maintaining a hold rating basically saying stock might not go as high as what they thought it would but it still should go up and could go higher so they would hold. I can't wait to laugh out loud when this thing hits $5 this year. Funny thing is it doesn't matter who's elected, it's going up. The entire world needs carbon capture and fuelcell energy has the holy Grail in another investor's words which I concur with. Exxon Mobil, Toyota and the Department of Energy should be sufficient to validate the product and the potential. That doesn't include ton of partnerships MOUs and contracts, including a recent contract equal to far more than any one year of revenue Since 2015.
Not good for Bloom or the industry
https://www.datacenterdynamics.com/en/news/amazon-cans-scheme-for-gas-powered-fuel-cells-at-oregon-data-centers/
Well how about that crap. I missed the last 40 minutes of trading but apparently I didn't miss much closed almost exactly at the average daily volume and exactly at the 50-day moving average.
On track to be storing CO2 mid 2026. So our project should be completed no later than June of 26. Seems as though there's a possibility it could be slightly sooner than that
Link about PORTHOS has video also
https://www.linkedin.com/posts/juliuswesche_aramis-ccs-ugcPost-7204887985136300032-Igct?utm_source=share&utm_medium=member_android
You would imagine they have their finalized rules on 45v in time for this in July.
https://2yd1749y.r.us-west-2.awstrack.me/L0/https:%2F%2Fcontent.govdelivery.com%2Faccounts%2FUSDOEOFE%2Fbulletins%2F3a1db2f/1/010101900d9d7e04-977926c9-59e7-4850-96fd-a6632e750515-000000/cBwjSum2xsaU-UDW0e65vkzo3aI=379
3 speakers from SNAM, Clean Air Task Force and PORTHOS, all FCE partners
https://web.cvent.com/event/e4b5c0a1-e661-4fac-bf8f-62748b77aec1/websitePage:c331338c-8225-4ed6-915d-1a59e2d7a72d
US DOE webinar, focus on Trigen
https://www.linkedin.com/posts/fuelcell-energy_h2iq-activity-7201904685534912512-Ps-I?utm_source=share&utm_medium=member_android
Cowen reiterates $2 Target
https://www.investing.com/news/company-news/fuelcell-energy-stock-hold-rating-reiterated-with-200-target-at-td-cowen-93CH-3479304
The video in a link I posted the person being interviewed said it's in fact an expected to be storing CO2 early or early summer of 26. So obviously the project is currently on track to be completed by early 2026.
Closing over 94 cents has some technical positives. Obviously closing over a dollar would be great but closing over $1.07 would be even better. Currently right at 94 cents after being above that the majority of the day with support right at 94 cents. Volume is just over 47M which means we will surpass yesterday's. Wouldn't it be great if we got 10 million shares in the last 50 minutes and popped up over 95 cents. Better yet I would gladly take 99 cents. And how about some damn good news for the fuel cell industry, any minute now please.